To establish a deficit-neutral reserve fund to terminate certain deductions from mineral revenue payments made to States.
What it does: Adds SEC. 3___. DEFICIT-NEUTRAL RESERVE FUND TO TERMINATE DEDUCTIONS FROM MINERAL REVENUE PAYMENTS TO STATES at the end of title III
Sen. Michael B. Enzi (R-WY)What it changes
1 change to S.Con.Res. 70 · shown in the resolution's text
Adds SEC. 3___. DEFICIT-NEUTRAL RESERVE FUND TO TERMINATE DEDUCTIONS FROM MINERAL REVENUE PAYMENTS TO STATES at the end of title III
Adds a sectionIn S.Con.Res. 70 · Placed on Calendar Senate
The Chairman of the Senate Committee on the Budget may revise the allocations of a committee or committees, aggregates, and other levels in this resolution for one or more bills, joint resolutions, amendments, motions, or conference reports that would authorize salary adjustments for justices and judges of the United States or increase the number of Federal judgeships, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2008 through 2013 or the period of the total of fiscal years 2008 through 2018.
Inserted: SEC. 3___. DEFICIT-NEUTRAL RESERVE FUND TO TERMINATE DEDUCTIONS FROM MINERAL REVENUE PAYMENTS TO STATES.
Inserted: (a) In General.--Subject to subsection (b), the Chairman of the Senate Committee on the Budget may revise the allocations, aggregates, and other levels in this resolution by the amounts provided by a bill, joint resolution, amendment, motion, or conference report that would terminate the authority to deduct certain amounts from mineral revenues payable to States under the second undesignated paragraph of the matter under the heading "administrative provisions" under the heading "Minerals Management Service" of title I of the Department of the Interior, Environment, and Related Agencies Appropriations Act, 2008 (Public Law 110-161; 121 Stat. 2109).
Inserted: (b) Deficit Neutrality.--Subsection (a) applies only if the legislation described in subsection (a) would not increase the deficit over the period of the total of fiscal years 2008 through 2013 or the period of the total of fiscal years 2008 through 2018.
Original wording
At the end of title III, add the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
At the end of title III, add the following:
SEC. 3___. DEFICIT-NEUTRAL RESERVE FUND TO TERMINATE DEDUCTIONS FROM MINERAL REVENUE PAYMENTS TO STATES.
(a) In General.--Subject to subsection (b), the Chairman of the Senate Committee on the Budget may revise the allocations, aggregates, and other levels in this resolution by the amounts provided by a bill, joint resolution, amendment, motion, or conference report that would terminate the authority to deduct certain amounts from mineral revenues payable to States under the second undesignated paragraph of the matter under the heading “administrative provisions” under the heading “Minerals Management Service” of title I of the Department of the Interior, Environment, and Related Agencies Appropriations Act, 2008 (Public Law 110-161; 121 Stat. 2109).
(b) Deficit Neutrality.--Subsection (a) applies only if the legislation described in subsection (a) would not increase the deficit over the period of the total of fiscal years 2008 through 2013 or the period of the total of fiscal years 2008 through 2018.
Legislative Activity
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Senate amendment proposed (on the floor): Amendment SA 4214 proposed by Senator Conrad for Senator Enzi.(consideration: CR S2064-2067; text: CR S2064)
March 13, 2008
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Senate amendment proposed (on the floor): Amendment SA 4214 proposed by Senator Conrad for Senator Enzi.(consideration: CR S2064-2067; text: CR S2064)
March 13, 2008
Senate amendment agreed to: Amendment SA 4214 agreed to in Senate by Unanimous Consent.
March 13, 2008
Amendment SA 4214 proposed by Senator Conrad for Senator Enzi. (consideration: CR S2064-2067; text: CR S2064) To establish a deficit-neutral reserve fund to terminate certain deductions from mineral revenue payments made to States.
March 13, 2008
Amendment SA 4214 agreed to in Senate by Unanimous Consent.
March 13, 2008
Senate amendment submitted
March 12, 2008